Aircraft Insulation Market: Overview and investment Analysis 2017 - 2025
The aircraft insulation market is heavily driven by the fact that the chemical companies and paint manufacturers are witnessing a tremendous demand for lightweight insulators for the modern aircrafts. The advanced lightweight insulators helps the aircraft exterior as well as the interior from rainwater leakage, dust and dirt, and also reduces the noise and vibration. The rising need for lightweight insulators among the aircraft manufacturers is driving the market for aircraft insulation technology. In addition, the price of composite materials are decreasing rapidly, which is offering the aircraft manufacturers an opportunity to use composites for aircraft insulation.
The composites are lightweight and can withstand various parameters such as huge heat, vibrations and even reduce noise among others. These benefits are increasing the interest for composite material insulation in aircrafts. This factor is also bolstering the aircraft insulation market to grow over the period.
The major challenge faced by the aircraft insulation market is the issues related to low shelf life and recycling of composites. The chemical companies and paint manufacturers have strict rules set by various aviation authorities such as Federal Aviation Administration (FAA), European Aviation Safety Agency (EASA) among others.
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The composites or paints or chemicals manufactured by the insulation companies, have low shelf life and needs to replace at a regular time interval and these composites cannot be recycled for reuse. Owing to this factor, the companies are facing problems and hence, the market growth is hindered.
The aircraft insulation market is anticipated to grow over the period owing to several driving factors, however, the demand for usage of composites materials procured from general aviation industry is expected to grow the market in the coming years. The composites used in general aviation helps in reduction of noise to a greater extent. The commercial aviation industry is witnessing huge demand for composites for insulation in order to reduce noise and vibration. Hence, the demand for usage of composites in commercial aviation is anticipated to boost the market for aircraft insulation.
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